Last night it was announced that Dreamworks Animation had signed a deal with video game company THQ. In the press release, a new name was listed for the upcoming 2010 superhero comedy Oobermind. The new title will be MegaMind, which off the bat is not only a lot easier to say, but gets the point across quicker. The original working title for the film was Master Mind. In August, Robert Downey Jr had dropped out of the project, and was replaced by Will Ferrell. DWA’s supossed answer to The Incredibles is sounding more and more Dreamworks-like every day, and that’s not a good thing.

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Robert Downey Jr won’t be voicing the title character in DreamWorks Animation’s Oobermind after all. Variety reports that Will Ferrell has replaced Downey Jr. in DWA’s response to Pixar’s The Incredibles. No word on why Downey decided to drop out of the project. Aside from the story being a superhero satire, he was a large reason I was interested in the project, But to combat the bad news, DreamWorks has also revealed that Brad Pitt and Jonah Hill will also be providing voices for the project. Both names are not only typical casting decisions from DreamWorks Animation, but have both previously voiced characters for DWA features.

AICN have posted a batch of new promotional images and posters from the Licensing Show in Las Vegas, including a promotional poster for Spider-Man 4, a generic Iron Man 2 character banner and a poster featuring Shrek and Donkey for Shrek Forever After.

But the thing that caught my attention was the first promotional art for DreamWorks Animation’s Oobermind. Maybe just because we havent seen any of these character designs before. This is the superhero project being produced by Ben Stiller, formerly titled Master Mind. I’ve cleaned up some of the images and posted them after the jump. Head on over to AICN to see the promotional art in higher resolution.

DreamWorks Animation has announced plans to release five feature films every two years, up from their previous two films a year schedule. The company cites their “three very successful franchises” as one of the reasons to produce an extra film every other year. Apparently the plan is to release one or two sequels a year, as well as an original project, all of which will be produced in digital 3D. Check out the full schedule after the jump.